0
Add your answer:
Earn +20 pts
Can you borrow money on a house that is part of estate?
You must be the duly appointed fiduciary and generally, you need the court's permission.
How do you get the money your parents willed to you?
First the will must be filed for probate and an executor must be appointed. After the payment of the debts of the estate the executor must make distribution of the remaining estate according to the provisions in the will and the state probate laws. The executor acts under the supervision of the court and must settle the estate with expediency.
Can you legally stop a financial decision by your mother without power of attorney?
You must be a court appointed guardian to over-ride your mother's decisions. A Power of Attorney does not give you that type of authority.
How do you obtain funds that are deposited in a fiduciary account?
The fiduciary is the person with the authority to make deposits to and withdrawals from a fiduciary account. If the original fiduciary cannot act a new fiduciary must be appointed.
What does a Broker In Charge do?
A Broker-In-Charge is basically the supervisor or manager of the real estate office. By law, every real estate office must have an appointed Broker-In-Charge, also called a BIC for short.
What must be used to appoint Certifying Officers to the position?
dd 577 only
What must a congressmen do if appointed to a cabinet position?
A Congressman nominated by a President and confirmed by the United States Senate must resign from his elected position in the Congress permanently, and take on the appointed position in the Cabinet.
What does federal laws say about certifying officers?
DOD must use them, and they have limited liability.
Which of the following is TRUE about a Departmental Accountable Officials?
They provide assistance to Certifying Officers.
What is TRUE about negligence as it applies to a Certifying Officer?
A Certifying Officer is presumed negligent when there is a fiscal irregularity
How is the solicitor general appointed?
The Attorney General serves at the pleasure of the President, but any nominee for the position must be confirmed by the US Senate.
A member of the US Congress must resign from Congress if elected or appointed to a position in the executive or judicial branch This requirement is an example of?
checks and balances
All vouchers certified for payment by a Certifying Officer must be?
All of the above
Do judges in FL need to be lawyers prior to being appointed to judge position?
A Judge must have passed the relevant Bar exam, but I can find no law requiring the Judge to have actively practiced law prior to being appointed.
A member of the United States congress must resign from congress if elected or appointed to a position in the executive or judicial branch. This requirements is an example of?
Conflict of interest
How do you transfer the position of executor to another person?
An executor must be appointed by a court. The executor can resign by filing a resignation with the court and the court will appoint a successor.
What must the certifying officer do to rebut the presumption of negligence?
To rebut the presumption of negligence, the certifying officer must demonstrate that they exercised due care in reviewing the voucher and supporting documentation. This might include showing that they followed established procedures, requested additional information when necessary, and made a reasonable effort to detect errors or fraud.
